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Bitcoin Crashes Below $61K as Strategy Sells, Hedge Funds Flee
Bitcoin drops to $60,912, down 4.2% daily. MicroStrategy sale and AI rotation drive $62 billion loss in crypto treasury holdings.
AI Bubble Shows Dot-Com Parallels as Nasdaq Crashes 4%, June 06
Ray Dalio warns AI stocks mirror dot-com bubble patterns as chip stocks crash. Goldman Sachs questions AI ROI amid Broadcom’s weak guidance.
Nasdaq Crashes 4.18% on Chip Selloff, Worst Day Since April 2025
Nasdaq fell 4.18% to 25,709.43 on June 5 as chip stocks crashed and Treasury yields rose, triggering a broad market selloff.
HSBC Faces French Charges Over Lebanon Bank Scandal, June 06
HSBC faces preliminary charges from French prosecutors over assisting Lebanese central bank governor Riad Salameh in alleged fund misappropriation.
HSBC Faces €80M Bond Over Lebanon Money Laundering Case, June 06
HSBC faces formal charges in France for allegedly helping Lebanon’s central bank chief launder USD 330 million, ordered to post 80 million euro bond.
Micron Stock Crashes 13% as Broadcom Shocks Chip Market, June 06
Micron stock fell 13% after Broadcom missed AI revenue guidance, erasing $94B in market cap amid semiconductor sector concerns.
Fukuoka Clinic Director Charged for Unlicensed Peruvian Doctor, June 06
Fukuoka clinic director and unlicensed Peruvian man referred for prosecution over medical law violations involving unauthorized childbirth procedures.
Queensland Childcare Worker Jailed Four Years for Assaults, June 06
Queensland childcare worker sentenced to four years for assaulting toddlers at Injinoo Child Care Centre. CCTV evidence revealed physical abuse.
Ethereum Crashes to $1,589, Hits Oversold Levels on June 05
Ethereum crashes to $1,589 USD, down 13% in one month. RSI shows oversold conditions. Key support levels at $1,600 and $1,500. Meyka rates ETH a C+.